The good news about the latest unemployment numbers is -- First of all, a good part of the job losses came from the government. If you just look at the private sector, the economy actually added 67,000 positions. People getting off government payrolls and being hired by corporations or small businesses is a good sign. That's the handoff hopefully between the stimulus and economic growth kicking in. But the bigger point may be this: The unemployment rate, probably the most famous of economic gauges, may actually be a very bad indicator of how healthy the economy is.
You can read more here
No comments:
Post a Comment